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Property profile & analytics
OFF-MARKET
Land

000 College St Lexington, TN 38351

Property ID
Property summary
AI-generated overview

This exceptional 55,756.8 square foot commercial land parcel is located at 000 College Street in Lexington, Tennessee, zip code 38351. Situated in Henderson County, this property presents a unique investment opportunity in a rapidly developing area. The lot's strategic location offers significant advantages, with new construction projects underway in close proximity. Across the street sits the Lexington/Jackson State Campus, a Farmhouse Restaurant, and a proposed new Health Department building. Adjacent to the property, a new Aspell Recovery building is under construction, and a new 50-unit housing development is being built at the street's end. This surge in development indicates a strong upward trend in the area, making this land ideal for various commercial ventures. The asking price for this prime commercial lot is $100,000. The property's size and location provide ample potential for substantial returns. This is a rare chance to acquire a significant land holding in a thriving Tennessee community. The property is zoned for commercial use. Interested parties are encouraged to conduct their own due diligence.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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